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Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Australian Strategic Materials Price-to-Tangible-Book Related Terms
Australian Strategic Materials Price-to-Tangible-Book Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Australian Strategic Materials Price-to-Tangible-Book Chart
Australian Strategic Materials Price-to-Tangible-Book Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Australian Strategic Materials's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Australian Strategic Materials Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Australian Strategic Materials's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Australian Strategic Materials's Price-to-Tangible-Book falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Australian Strategic Materials (ASMMF) has a Price-to-Tangible-Book of 1.34 as of Aug. 29, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Australian Strategic Materials and its competitors. According to the industry distribution chart, Australian Strategic Materials ranks #616 out of 2217 companies in the Metals & Mining industry, placing it in the top 27.8%.
Is Australian Strategic Materials' Price-to-Tangible-Book too high?
Australian Strategic Materials' current Price-to-Tangible-Book is 1.34. The Metals & Mining industry median Price-to-Tangible-Book is 2.39. Australian Strategic Materials' value of 1.34 is 43.9% below this industry median. Based on the distribution chart, Australian Strategic Materials ranks #616 out of 2217 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Australian Strategic Materials has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Australian Strategic Materials' Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, Australian Strategic Materials ranks #616 out of 2217 companies for Price-to-Tangible-Book. This puts Australian Strategic Materials in the upper half of its industry. The industry median Price-to-Tangible-Book is 2.39. Australian Strategic Materials' value of 1.34 is 43.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Metals & Mining company?
The median Price-to-Tangible-Book among Metals & Mining companies is 2.39, based on 2,217 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Australian Strategic Materials's current Price-to-Tangible-Book of 1.34 is 43.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Australian Strategic Materials and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Strategic Materials's current Price-to-Tangible-Book is 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Strategic Materials stock overvalued right now?
Based on GuruFocus' analysis, Australian Strategic Materials (ASMMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.01, compared to a current price of $0.80 — trading 20.8% below its estimated fair value. The current Price-to-Tangible-Book is 1.34 and 43.9% below the Metals & Mining industry median of 2.39. Australian Strategic Materials' overall GF Score™ is 56/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Australian Strategic Materials (ASMMF), the current Price-to-Tangible-Book is 1.34 as of Aug. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Australian Strategic Materials (ASMMF) Overvalued in 2026?
Based on GuruFocus' analysis, Australian Strategic Materials stock appears to be undervalued.
The current stock price of $0.80 is trading 20.8% below its estimated GF Value™ of $1.01.
GuruFocus considers Australian Strategic Materials to be Modestly Undervalued.
Key valuation signals for ASMMF:
Price-to-Tangible-Book: 1.34
GF Value™: $1.01 vs. price of $0.80 (20.8% below fair value)
Industry Position: 43.9% below the Metals & Mining median (#616 of 2217)
No single metric tells the full story. See the ASMMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Australian Strategic Materials Ltd is engaged in the business of producing and mining specialty metal and oxides. The product portfolio includes neodymium, praseodymium, zirconium, hafnium, dysprosium, terbium and niobium oxides. Its Dubbo Project includes Central Western New South Wales, Australia. The company's segment includes Corporate, Dubbo, and Korea. The company generates majority of its revenue from Korea, which includes the Korean Metals Plant.
56GF Score
Get the complete analysis for ASMMF
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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